Wednesday, October 22, 2025
U.S. and Qatar issue new warning on EU climate directive- oil and gas 360

U.S. and Qatar issue new warning on EU climate directive

(Oil Price) – The United States and Qatar have joined forces for a fresh warning to Brussels that its corporate sustainability directive risks LNG imports from two of the world’s biggest exporters at a time when the EU is trying to

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Weekly Inventories

U.S. crude oil inventories decrease by 1 million barrels

Weekly Crude Oil Storage as of October 17, 2025 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 1 million barrels from the previous week.  At 422.8 million barrels, U.S. crude oil inventories are 4%

Weekly Gas Storage: Inventories increase by 80 Bcf

Natural Gas Inventories as of October 10, 2025 The EIA has released its natural gas inventory report, showing a net increase of 80 Bcf as of October 10, 2025. Working gas in storage was 3,721 Bcf as of Friday, October

U.S. rig count increased by 1 is at 548

This week’s Baker Hughes Rig Count shows that the U.S. increased by 1 last week, resulting in a total count of 548 rigs. Canada had an increase of 5 over last week, resulting in a total Canadian count of 198